12px13px15px17px
Date:13/03/18

Apple buys Texture, a digital magazine subscription service

Apple has bought digital magazine distributor Texture to extend its subscription services beyond music and online storage.
 
The deal announced on Monday puts Apple in control of a service often described as a Netflix of magazines. Texture allows readers to read articles in more than 200 magazines for $10 per month, much like Netflix sells unlimited access to its video programming.
 
But Texture hasn't proven as popular as Netflix, which boasts 55 million subscribers in the U.S. alone. Texture hasn't specified how many subscribers it has, but CEO John Loughlin said in a 2016 interview that the number ranged in the "hundreds of thousands."
 
Apple didn't disclose how much it paid for Texture, which had raised at least $90 million since it was founded nearly a decade ago as Next Issue. The magazine distributor had been owned by investors that included Conde Nast, Hearst, Meredith, Rogers Media, and KKR.
 
"We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users," said Eddy Cue, Apple's senior vice president of internet software and services.
 
Unlike most Apple products, Texture will be available on devices powered by Google's Android software in addition to the iPhone and iPad.
 
Texture will join a stable of Apple subscription options that are anchored by the company's music-screaming service, which has 36 million subscribers. Apple also sells additional storage in its iCloud service to customers who exceed the free limit of five gigabytes.





Views: 30

©ictnews.az. All rights reserved.

Facebook Google Favorites.Live BobrDobr Delicious Twitter Propeller Diigo Yahoo Memori MoeMesto






24 September 2018

24/09/18
Tractica: AI edge device shipments to reach 2.6B units annually by 2025

Artificial intelligence (AI) edge device shipments will increase from 161.4 million units in 2018 to 2.6 billion units 

24/09/18
Futuristic overhead pod transport system coming to Netanya

The Israeli city of Netanya is the next in line to climb aboard the skyTran plan for the future of public transportation.

24/09/18
Apple is quietly giving people ‘trust scores’ based on their iPhone data

Apple has quietly introduced "trust scores" for people based on how they use their iPhones and other devices.

24/09/18
Zero Day in Microsoft Jet Database Engine Leaves Most Windows Versions Vulnerable

A new vulnerability has been disclosed, highlighting a flaw in Microsoft Jet Database Engine. If left alone, the 

24/09/18
Radar System May Help Astronauts Detect Water on Mars

Analog astronauts, who participate in simulated Mars missions, have successfully demonstrated a ground penetrating

24/09/18
E-skin able to detect changes in wind, water drops and moving ants

A team of researchers working at the Chinese Academy of Sciences has developed an electronic skin that is sensitive

24/09/18
Tim Cook says the new iPhones are so expensive because they replace most other gadgets you’d need

Apple CEO Tim Cook defended the highest-priced new iPhones, telling ABC's "Good Morning America" that "it's 

23 09 2018